1. Home >
  2. M&A >
  3. Merger >
  4. Canada >
  5. Ontario >
  6. Level Access Acquires Essential Accessibility

M&A Deal Summary

Level Access Acquires Essential Accessibility

On June 14, 2022, Level Access acquired internet software and services company Essential Accessibility from KKR and Lead Edge Capital

Acquisition Highlights
  • This is Level Access’ 1st transaction in the Internet Software and Services sector.
  • This is Level Access’ 1st transaction in Canada.
  • This is Level Access’ 1st transaction in Ontario.

M&A Deal Summary
Date 2022-06-14
Target Essential Accessibility
Sector Internet Software and Services
Buyer(s) Level Access
Sellers(s) KKR
Lead Edge Capital
Deal Type Merger

Target

Essential Accessibility

Toronto, Ontario, Canada
Essential Accessibility is an accessibility-as-a-Service platform that makes digital assets conform with WCAG and compliant with ADA, AODA, Section 508, and other anti-discrimination laws. Its comprehensive solution provides everything you need to create and maintain fully accessible web, mobile, and product experiences to ensure customers of all abilities have equal access. Essential Accessibility is based in Toronto Ontario.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Level Access

Arlington, Virginia, United States
Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

Level Access is a provider of cloud digital accessibility software and services. Level Access' full scope of accessible technology regulations and standards including the ADA,?WCAG, CVAA, AODA, EU directives on digital accessibility, and Section 508. Level Access was founded in 1997 and is based in Arlington, Virginia.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 1 of 1
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Tenon

Glen Burnie, Maryland, United States

Tenon makes automated accessibility testing tools on the market and solves any accessibility problem. The company has produced hundreds of VPATs and accessibility audits. Its rapid remediation service fixes accessibility issues on your website while testing is ongoing, and its developers train development teams to write accessible code and help define the KPIs and processes needed to become a truly accessible organization. Tenon's clients include Mastercard, Delta Airlines, Bed, Bath & Beyond, and more. Tenon was formed in 2014 and is based in Glen Burnie, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-31 UserWay

Wilmington, Delaware, United States

UserWay is a full-service provider of digital accessibility software solutions to increase usability for people with disabilities. The company's Al-powered technologies help websites, apps, and digital documents more readily achieve compliance with accessibility regulations, such as the ADA, Section 508, AODA, and EAA, and internationally recognized standards such as WCAG 2.2, and EN 301 549. UserWay is based in Wilmington, Delaware.

Buy -

Seller(S) 2

SELLER

KKR

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1976
PE ASSETS 267.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
KKR's office in Menlo Park, California.
KKR's office in Menlo Park, California.

KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.

DEAL STATS #
Overall 180 of 208
Sector (Internet Software and Services) 15 of 17
Type (Merger) 4 of 5
State (Ontario) 1 of 1
Country (Canada) 2 of 3
Year (2022) 8 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 Cardenas Markets

Ontario, California, United States

Cardenas Markets operates 31 store locations throughout the Inland Empire Imperial County, Pomona, and Las Vegas Nevada. Offering customers, the best shopping experience with a wide selection of quality and fresh products, great service at a superior value. Cardenas Markets was founded in 1981 and is based in Ontario, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-01 GfK

Nuremberg, Germany

GfK is a global market research company that provides custom and standardized market research about media and retail consumption. GfK was founded in 1934 and is based in Nuremberg, Germany.

Sell -
SELLER

Lead Edge Capital

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2009
PE ASSETS 5.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Lead Edge Capital is a growth capital firm focused on software, internet, consumer, and tech-enabled services companies. The Firm has no geographic preferences and will consider both private and public company investments. Leading Edge's investment size is $10 to $200 million. Lead Edge Capital was established in 2009 and is headquartered in New York City.

DEAL STATS #
Overall 6 of 8
Sector (Internet Software and Services) 2 of 4
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-16 Akuity

Sunnyvale, California, United States

Akuity is a developer of tools to scale the open-source Argo Project, which makes it easier to build and execute apps on top of the Kubernetes container orchestration platform. Akuity is based in Sunnyvale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-24 Revenue Analytics

Atlanta, Georgia, United States

Revenue Analytics is a provider of Pricing SaaS products to the travel and hospitality, media, and manufacturing/distribution industries. Revenue Analytics is based in Atlanta, Georgia.

Buy -
Mergr

Product

Company

Legal